BILLIONS of pounds were dramatically wiped off the value of Barclays shares yesterday amid fears banks could have to compensate customers for the interest rate-rigging scandal.
Taxpayer-owned RBS also lost heavily as the markets reacted badly to fears other institutions could be caught up in the crisis.
As pressure grew on Barclays boss Bob Diamond to resign in the wake of the bank's record £290m fines in the UK and US, experts warned that UK banks could face compensation claims totalling billions from institutional investors.
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